112 Cortez CirCarlinNV89822
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Carlin at 112 Cortez Cir, Carlin, NV, 89822 generates $1,020/mo in rent, after a $1,370/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 12.19% in year one, and rental yield is 4.37% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 60.9% and total cumulative return in cash sums $56,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89822, Carlin, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 555 (60.5%) |
| Renter Occupied HU | 256 (27.9%) |
| Vacant Housing Units | 106 (11.6%) |
| Median Home Value | $295,313 |
| Average Home Value | $392,041 |
Housing Distribution
Address Breakdown
Residential
31
Single Family
31
Multi-Family
0
Businesses
69
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